ABC Company has net income of $5 million, $40 million of assets, and $10 million of liabilities. The number of outstanding shares of stock is 3 870 000 shares. What are earnings per share?
$1.29
$0.77
$2.35
$7.75
Earnings per share cannot be computed with the information provided

Question

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The Answer of ABC Company has net income of $5 million, $40 million of assets, and $10 million of liabilities. The number of outstanding shares of stock is 3 870 000 shares. What are earnings per share?
$1.29
$0.77
$2.35
$7.75
Earnings per share cannot be computed with the information provided

ABC Company Has Net Income of $5 Million, $40 Million